Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Forbes reports gold and silver prices climbed Tuesday as concerns lingered about Europe’s debt crisis.
The market news is quoted as saying,
Most metals, oil and other energy products also settled higher after Goldman Sachs said it believes prices for many commodities will improve in the second half of the year.
